Hyundai Heavy Industries remains in red in Q4

Hyundai Heavy Industries-Q4 earnings

Hyundai Heavy Industries remains in red in Q4

SEOUL, Feb. 7 (Yonhap) -- Hyundai Heavy Industries Co. on Tuesday reported its fourth-quarter net loss of 161.9 billion won (US$128.8 million), remaining in the red compared with a year ago.

Operating income for the October-December period was 22.2 billion, compared with a loss of 480.7 billion won a year ago, the company said in a regulatory filing. Sales rose 8 percent to 2.67 trillion won.

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